New Emergency Loan for Current Xplore FCU Members
09/09/2021
By: Xplore FCU
***** The Deadline For Emergency Loans Has Closed*****
New Emergency Loan:
Xplore wants you to know, that we are here for you during this difficult time. To help our members access emergency funds, Xplore is now offering a new Emergency Loan. The Emergency Loan** is a 12-month unsecured personal loan, available to current members at 4.99% APR* for up to $3,000. To provide additional relief, Xplore is offering the option of delaying the first loan payment for up to 90 days after closing. Read the Emergency Loan qualifications** below or to apply click here.
Find more Resources and Important Updates on our Credit Union Benefits Page.
**Emergency Loan Qualifications: The total loan amount will be reduced by the outstanding balance of any No Credit Check loan a member has outstanding. All applicants must be in good standing with all their Xplore loans in order to qualify for this loan.
The criteria for the loan are:
- No current delinquency in the credit bureau (Medical and Utility collection accounts will be ignored)
- Must be able to prove employment or be receiving continued income as of August 29, 2021.
- Must be a member for at least 6 months.
Ex. 1: $3,000.00 Loan for 12 months would be $258.96 / month with 90 days to 1st pmt
Ex. 2: $2,000.00 Loan for 12 months would be $172.64 / month with 90 days to 1st pmt
Ex. 3: $1,000.00 Loan for 12 months would be $86.32 / month with 90 days to 1st pmt